Exposure Management Expert - 6 Month FTC
Job Market - Insurance
Exposure Management Expert - About the role
The Exposure Management Expert is a newly created role, supporting the expansion to underwrite Specialty, Commercial and Reinsurance business.
Reporting into the CRO initially, to Active Underwriter eventually it is a unique opportunity to design, implement and run an exposure management function in a modern and fast-growing environment, where exposure risk management and analytics are at the core of our business.
We are looking for an individual that will bring a strong expertise - and develop robust and innovative analytics in order to drive to achieve a highly profitable and optimised portfolio.
Exposure Management Expert - key duties
Responsible for ensuring catastrophe exposure is well understood, measured and clearly communicated across the business.
Underwriting: to develop robust and innovative metrics in close collaboration with underwriting teams to support the deployment of a well optimised portfolio and position as a market leader
Reinsurance: strong involvement to deliver an optimised reinsurance structure and ensure exposures are covered in line with risk appetites
Capital: Collaborate with the capital team to ensure catastrophe exposure is appropriately reflected in the internal model and anticipate capital movements caused by a change in exposure.
Reserving: support the Claims and Reserving processes in assessing the gross and net costs of events as they arise
Design and maintain an exposure management framework which reflects accurately the company’s exposure and aligns with market best practices
Produce regulatory exposure management reports and ensure submission requirements and deadlines are met.
Build capability to assess and communicate non-cat exposure, including non-physical catastrophes
Exposure Management Expert - Key requirements
Strong exposure management knowledge and expertise in the standard software packages
Robust analytical and IT skills
Knowledge of both Lloyd’s and PRA requirements and Solvency II requirements